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Way Forward Consulting

Financial Analyst

Way Forward Consulting, Phoenix, Arizona, United States

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Work Location: 700 Sylvan Ave Englewood Cliffs, NJ, USA Work Schedule: onsite Assignment Length: 6 months Education and Years of Experience: 1) Bachelor’s degree with focus on accounting or finance 2) 5+ applicable experience Top Skills: financial analysis, credit review, and risk assessment PURPOSE OF POSITION: To protect the assets of the Company while also supporting the sales needs of the organization. The position’s primary functions include but are not limited to performing detailed reviews and risk analysis on an ascribed portion of Samsung’s portfolio of accounts in order to assess commercial credit risk as well as assign, maintain, or adjust credit limits. For accounts that do not qualify for an open line of credit, the role will require collaboration with team leads to discuss the possibility of alternative hedging (Letter of Credit, Flooring, Factoring, PUT Contracts, etc.). The position holder will be responsible for continuous monitoring of their account portfolio insuring that credit limits are sufficient and alerting team leads as to financial downturns and, with guidance, potentially suggesting credit actions or other risk mitigating solutions. The position will also be responsible for the initial risk analysis and set up of new accounts working with various external teams to ensure appropriate documents are collected and accurate. Additionally, the position will require reporting both assigned and ad-hoc that will be distributed within the group as well as to a broader audience. The position holder may also be asked to provide logistical support on the implementation and risk mitigation options/program(s) relating to all Accounts Receivables of the Company. Required business travel is minimal